ANALYSIS: Is it the right time to be piling into bonds?

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Portfolio advisers have been looking at equity market valuations rather nervously for some time, tilting towards less risky assets, taking profits and holding more cash.

But has broader sentiment now caught up?

The UK’s Investment Association (IA) statistics for May show £230m ($296m, €260m) was invested in the IA Sterling Strategic Bond sector, while UK equity funds experienced a net retail outflow of £479m. The UK All Companies sector saw outflows of £532.1m, while UK equity income lost £23.1m.

Nexus IFA director Kerry Nelson says this could signal a shift from equities to bonds.

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